Why do people panic and sell their bitcoin when it falls in value?

[Wiseman]

Many people investing are all or nothing.

Rather than 10 investments 10% each so that a drop is not fatal.

Instead  many are 100% in one investment and over there head.

The ones in over their head are likely sell on a dip.

I won’t argue, but all my friends don’t do this. Perhaps your circle of acquaintances is precisely the kind of people who invest simply without thinking about where they invest and how to do it, so you claim that the majority do just that.

[bounceback]

Actually is human habit get panic when bitcoin fall drop or immediately going down, I think the new comer as cryptocurrency investor easily get panic selling their bitcoin when market drop exactly has many bad news sharing. I don't think problem for holder have much experience in trading and faced many time with bitcoin dropping or get fall in values because after correction always become positive side for bitcoin and other altcoin get recovery back.
just hold and keep calm when market decreasing, if you still have free fund repurchase exactly with bitcoin and don't be panic for selling our assets and get much loss.

[Rubel007]

There are some people who expect high return on investment in a short period of time. They get worried if the price of Bitcoin drops even a little. They are anxious to sell bitcoin quickly in fear of losing. After all that, the result is that those investors lose. Investing in bitcoin a Investors must have a long-term perspective. Otherwise they are more likely to lose than gain. As Bitcoin is more volatile, many people sell their Bitcoins to avoid risk and this act increases their losses rather than their gains.

[DAMKAR]

There are some people who expect high return on investment in a short period of time. They get worried if the price of Bitcoin drops even a little. They are anxious to sell bitcoin quickly in fear of losing. After all that, the result is that those investors lose. Investing in bitcoin a Investors must have a long-term perspective. Otherwise they are more likely to lose than gain. As Bitcoin is more volatile, many people sell their Bitcoins to avoid risk and this act increases their losses rather than their gains.

There are many people here who have discussed and argued that Bitcoin is a coin that is suitable for long-term investment, so buy it when it is bearish and hold. because that's a safer way to profit from bitcoin. We don't need to care about corrections and negative news, because the price of bitcoin will rise again

[LogitechMouse]

Many people investing are all or nothing.
~

Most that are doing these are newbies who want to maximize their profits, and they believe that going all in on one investment is the way.
Kind of like "YOLO" investment TBH, and there's nothing wrong with it especially when you just focus on Bitcoin, but I believe that diversifying your money is more efficient, and it also lessens your risk of losing all of your money.
Most of the investors who are panicking are newbies who don't know what to do, and just panic when they see their portfolio down 10% or even more. Let them experience the bad days of crypto, and from there, they will adjust unto it. I also experienced panicking when I'm starting to invest with cryptocurrency. I also experienced selling at a loss because my emotions got me. I also experienced having losses because of my wrong decisions, and until now I still experience losses, but minimal already.

At the end of the day, investors will learn as they experience everything. They will learn how to adjust to things as they experience it. Panicking especially for newbies are kind of common.

[MUGNIA]

There are some people who expect high return on investment in a short period of time. They get worried if the price of Bitcoin drops even a little. They are anxious to sell bitcoin quickly in fear of losing. After all that, the result is that those investors lose. Investing in bitcoin a Investors must have a long-term perspective. Otherwise they are more likely to lose than gain. As Bitcoin is more volatile, many people sell their Bitcoins to avoid risk and this act increases their losses rather than their gains.

There are many people here who have discussed and argued that Bitcoin is a coin that is suitable for long-term investment, so buy it when it is bearish and hold. because that's a safer way to profit from bitcoin. We don't need to care about corrections and negative news, because the price of bitcoin will rise again

This should be the case, ignore all bad news if you want to make a profit from Bitcoin, but newcomers will definitely panic if there is a quite tragic decline like yesterday. Old players are used to this because they already understand the BTC movement cycle.

[taufik123]

This should be the case, ignore all bad news if you want to make a profit from Bitcoin, but newcomers will definitely panic if there is a quite tragic decline like yesterday. Old players are used to this because they already understand the BTC movement cycle.

Old players in crypto are used to -50% and even that won't make them sell it,
will even continue to add to their bags when the spare money is still available.

After all, what he feared with bitcoin's decline,
it was even a good opportunity to start accumulating and making more profits when the price of Bitcoin reached a new ATH.

[UNIVERSE]

Old players in crypto are used to -50% and even that won't make them sell it,
will even continue to add to their bags when the spare money is still available.

What do you mean?
If we -50, surely we don't want to sell the coins. What for?
For the long term holders, they will sell the coins if it reached 100% at least.

After all, what he feared with bitcoin's decline,
it was even a good opportunity to start accumulating and making more profits when the price of Bitcoin reached a new ATH.

Old players mustn't feel afraid Bout the FUDs.
We have experienced this many times in the past. When Bitcoin wants to reach a bigger price, it never becomes so easy. There should be many negative news, it may try to stop Bitcoin but it will never stop Bitcoin.

[milewilda]

There are some people who expect high return on investment in a short period of time. They get worried if the price of Bitcoin drops even a little. They are anxious to sell bitcoin quickly in fear of losing. After all that, the result is that those investors lose. Investing in bitcoin a Investors must have a long-term perspective. Otherwise they are more likely to lose than gain. As Bitcoin is more volatile, many people sell their Bitcoins to avoid risk and this act increases their losses rather than their gains.

There are many people here who have discussed and argued that Bitcoin is a coin that is suitable for long-term investment, so buy it when it is bearish and hold. because that's a safer way to profit from bitcoin. We don't need to care about corrections and negative news, because the price of bitcoin will rise again

Easy to say on not to make yourself that caring about price conditions on which on the time that you are seeing that its decreasing and giving out that kind of worrying but if you are an old timer then you would really be definitely dont care about on the market condition since you are getting used to it. Only newbies would really be having those kind of reactions on the time that you would really be able to encounter these price declines but of course it would really be just that depending on how experienced your are on crypto space. Panic is normal since we dont really like on losing money but on the time that you do have that awareness and experience then it wont really be an issue.

[koang]

Easy to say on not to make yourself that caring about price conditions on which on the time that you are seeing that its decreasing and giving out that kind of worrying but if you are an old timer then you would really be definitely dont care about on the market condition since you are getting used to it. Only newbies would really be having those kind of reactions on the time that you would really be able to encounter these price declines but of course it would really be just that depending on how experienced your are on crypto space. Panic is normal since we dont really like on losing money but on the time that you do have that awareness and experience then it wont really be an issue.

Yep. It’s easy to proclaim I’ll never sell any when the value is small but when the numbers are large,  It’s getting harder, not easier, to hodl every Sat.
It takes quality to take risks and extra money to get through this cycle but it's worth it when we are disciplined, consistent, and dare to take risks.
And we must look at the BTC history, They’re positioned before the start of the BTC bull.
It's going to be epic but Hodl still won't be easy

[taufik123]

What do you mean?
If we -50, surely we don't want to sell the coins. What for?
For the long term holders, they will sell the coins if it reached 100% at least.

I mean, new players who are stuck with -50% losses usually won't survive, and they will panic so much that they cut losses and intend to move on to other coins that might return those losses sooner.

But they will even still lose as all coins go down.
It's just about beginners overly panicking with extreme crypto conditions

Old players mustn't feel afraid Bout the FUDs.
We have experienced this many times in the past. When Bitcoin wants to reach a bigger price, it never becomes so easy. There should be many negative news, it may try to stop Bitcoin but it will never stop Bitcoin.

Incumbents are indeed tougher and already know what to do when FUD comes and the market goes into bearish mode.
As I said, just need to wait and collect more when you still have spare money.

[philipma1957]

Many people investing are all or nothing.

Rather than 10 investments 10% each so that a drop is not fatal.

Instead  many are 100% in one investment and over there head.

The ones in over their head are likely sell on a dip.

I won’t argue, but all my friends don’t do this. Perhaps your circle of acquaintances is precisely the kind of people who invest simply without thinking about where they invest and how to do it, so you claim that the majority do just that.

Many does not mean the majority.  It is subjective term.  I would venture to say that at least 50000 people in the world are over invested in crypto and they will tend to be the panic sellers.